نوع مقاله : مقاله پژوهشی
نویسندگان
1 استادیار دانشگاه امام علی (ع)
2 هیئت علمی داتشگاه بین المللی چابهار
3 دانشجو کارشناسی ارشد مدیریت مالی دانشگاه بین المللی چابهار
کلیدواژهها
عنوان مقاله English
نویسندگان English
Foreign financing is very important for the investment of companies. Companies are more willing to invest in periods of so-called easy money. In other words, the state of financial markets and especially the banking sector can affect the investment of companies. Accordingly, the purpose of this research is to examine the relationship between risk-taking in the banking sector and corporate investment, as well as the role of cash holding on this relationship. For this purpose, the information of a sample of 128 companies admitted to the Tehran Stock Exchange during the period 2013 to 2022 has been used. The results of data analysis using the linear regression method with panel data show that the risk-taking of the banking sector has a significant effect on corporate investment. In addition, the holding of cash by companies moderates the impact of the banking sector's risk-taking on corporate investment. In other words, companies that have more cash assets are less affected by the risk-taking of the banking sector in investment.
کلیدواژهها English